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Technology Stocks : ATI Technologies in 1997 (T.ATY) -- Ignore unavailable to you. Want to Upgrade?

To: John Edwards who wrote (5541)	5/25/2000 12:11:00 PM
From: Matt Cecile	Read Replies (3) \| Respond to of 5927

Analysts adjust targets: After issuing a warning Wednesday stating it will report lower than expected revenues, a number of analysts have downgraded ATI Technologies. Byron Berry at Yorkton Securities downgraded the manufacturer of computer graphic chips to 'underperform' from 'strong buy'. The 12-month target was cut from $37.00 to $10.00. Susan Streeter of Sprott Securities slashed the 12-month target to $18.00 from $36.00 while downgrading the stock from 'strong buy' to 'market perform'. Nesbitt Burns analyst Andreas Hoppe downgraded the rating to 'market perform' from 'outperform' while cutting the 12-month target to $17.50 from $34.50. Gus Papageorgiou at Scotia Capital Markets downgraded the stock from 'buy' to 'hold' and reduced the 12-month rating from $36.00 to $16.00. *** You'd think they'd worry about looking so foolish - especially Yorkton who cuts their target to 1/4 of what it was.